Delta Distributors Has Total Credit Sales of $3,000,000 for the Year

question 33

Multiple Choice

Delta Distributors has total credit sales of $3,000,000 for the year. Delta's credit sales represent 80% of total sales. What are total sales?

• A) $2,000,000
• B) $2,500,000
• C) $3,000,000
• D) $3,750,000
• E) None of these.

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Definitions:

Net Cash Inflows

The total amount of money received minus money spent over a certain period, often used in evaluating project profitability.

Remodeling Expenses

Costs incurred for updating or renovating a property to increase its value or utility.

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time, used in capital budgeting to assess profitability.

Analytical Methods

Techniques and procedures used to break down complex material or data into simpler parts to understand it better or reach conclusions.